Additives

The additives market is a substantial one, with about R9.6 million in total spend recorded against it. This market is relatively stable, with no year-over-year growth, so it's not getting bigger or smaller. With 168 suppliers competing for contracts, it's a crowded space, and you'll need to differentiate your business to stand out. It's worth noting that the government is prioritising businesses with a strong black economic empowerment programme, with about 67% of the spend going to black-owned businesses. To get a foothold in this market, you should start by ensuring your business's B-BBEE level is up to date and that you're certified, as this will give you a competitive edge when bidding for government contracts.

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